Amendment Second Schedule Said Ordinance, Not Apply In Respect Of Any Amount Invested In Purchase Of
SRO 981(I)/98Exemptions and concessions
SRO 981(I)/98 is an Income Tax SRO dated 14 September 1998, listed by FBR as "Amendment Second Schedule Said Ordinance, Not Apply In Respect Of Any Amount Invested In Purchase Of".
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. Check the official PDF before relying on any wording or figure.
Page 1
GOVERNMENT OF PAKISTAN
CENTRAL BOARD OF REVENUE
Islamabad, the 14th September.
NOTIFICATION
( INCOME TAX )
S.R.O. 981 (I) / 98.- In exercise of the powers conferred sub-section (2) of
section 14 of the Income Tax Ordinance., 1979(XXXI of 1979), the Federal Government
is pleased to direct that the following further amendment shall be made in the second
Schedule to the said Ordinance, namely:-
In the aforesaid schedule, in Part-IV, after clause (6F), the following new
clause shall be inserted, namely:-
“(6FA) The provisions of section 13 or chapter-XI or Chapter-XII
of the Income Tax ordinance, 1979 (XXXI of 1979), shall
not apply in respect of any amount invested in purchase of
any plots of land sold by the Capital Development
Authority, Islamabad, through public auctions conducted
on the 16th, 17th, 23rd and 26th days of February, 1998.”
[C.NO. 1 (5) TP - II / 92 ]
( MUHAMMAD SARWAR KHAWAJA )
MEMBER ( INCOME TAX ) / ADDITIONAL SECRETARY
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